Hudson Yards

Hudson Yards is a large-scale redevelopment program that is planned, funded and constructed under a set of agreements among the City of New York, the State of New York, and the Metropolitan Transportation Authority, with the aim of expanding the Midtown Manhattan Business District westward to the Hudson River. The program includes a major rezoning of the Far West Side, an extension of the New York City Subway's to a new subway station at 34th Street and 11th Avenue, a renovation and expansion of the Jacob K. Javits Convention Center, and a financing plan to fund the various components.The centerpiece of Hudson Yards is a 28acre mixed-use real estate development of the same name by Related Companies and Oxford Properties, currently being constructed over the West Side Rail Yard. This new construction project is the largest of its kind. According to its master plan, created by Kohn Pedersen Fox Associates, Hudson Yards is expected to consist of 16 skyscrapers containing more than 12700000sqft of new office, residential, and retail space. Among its components will be 6000000sqft of commercial office space, a 750000sqft retail center with two levels of restaurants, cafes, markets and bars, a hotel, a cultural space, about 5,000 residences, a 750-seat school, and 14acres of public open space. The railyard project broke ground on December 4, 2012; the first tower, an 895ft office building in the southeast corner of the site, opened on May 31, 2016. The over-20 billion development will accommodate a projected 65,000 daily visitors when completed.